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it could be damage for economy struggling to recover. takes us further down the road for what i think is the news of the day. argument over the debt ceiling today. that is one point of the republican lench in the dole. some machiavellian misstep made. he wanted the democrats to be embarrassed. and have to force a vote and propose it. reed said go ahead. put them in position to filibuster. to speak to the judge's point, if people stand here and simply say no to the idea of raising the tax rates on the republican side, it will damage the republican brand. the republicans have to get the best possible deal. in the spirit of the president's problem and he was intent on spending. not on cutting spending. but on taxes. that is how you use the president's position against him. to say no goes to bevy of polls that show republicans have the lion's share. >> bret: isn't that fair to say the president hasn't poe cussed at owl on cutting spending? the white house says they agreed to a $1 trillion in discretionary spending cuts. proposal to achieve $
it could be damage for economy struggling to recover. takes us further down the road for what i think is the news of the day. argument over the debt ceiling today. that is one point of the republican lench in the dole. some machiavellian misstep made. he wanted the democrats to be embarrassed. and have to force a vote and propose it. reed said go ahead. put them in position to filibuster. to speak to the judge's point, if people stand here and simply say no to the idea of raising the tax rates...
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Dec 6, 2012
12/12
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they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on
they don't blame obama for the weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on
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Dec 6, 2012
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weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on time. he knows it's an unclear dimension, nobody knows, i don't know, how bad the whirlwinds will be if we fail to do this on time. and one thing for certain, there's no guarantee that a huge drop in faith by the world economic markets will be followed by a quick rebound. as i said, this is a real cliff, not a bungy jump. that's "hardball" for now. "politicsnation" starts with al sharpton. >>> thanks, chris. it didn't come from the white house, it didn't come from democrats, it came from senator jim demint. the tea party hero who famously made this vow with the president's health care law. >> if we're able to stop obama on this, it will be his waterloo. it will break him. >> guess what, it wasn't the president's waterlook but today he announced that he's leaving the senate to run a conservative think tank. and just like that, gone is is a man who represented all of t
weak economy, they still blame w. this isn't about right or wrong. that's what w. did and his crowd did. i want president obama to do what he looks like he's already doing, getting it done right and on time. he knows it's an unclear dimension, nobody knows, i don't know, how bad the whirlwinds will be if we fail to do this on time. and one thing for certain, there's no guarantee that a huge drop in faith by the world economic markets will be followed by a quick rebound. as i said, this is a...
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Dec 6, 2012
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we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the dgets more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. year all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and
we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the dgets more to handle the fiscal cliff negotiations. only 36% trust the "r"s in...
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Dec 6, 2012
12/12
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do you need to get this deal in a position that we'll get this country back on track and cause our economy to get back on track? the good news is, if we can do a deal on the budget by compromising and coming together, then we can go after immigration and infrastructure and energy and education. the things that are still on the agenda that are crucial to moving this country forward. you know, as important as the debt bill is, it still isn't going to create jobs in the short term. you've got to do energy. we've got to do infrastructure. we've certainly got to do immigration. we owe that to the american people and to those children. there's so many things that we've got to do that if we can do this successfully and get it done and see the economy take off and an investment come into this country, then we go after the other four challenges and if we can do all those, he'll be an incredibly successful president and i think congress' approval rating will begin to rise again. >> joan, it still seems that some of the tea party types, including senator demint still thinks it was the messaging, not
do you need to get this deal in a position that we'll get this country back on track and cause our economy to get back on track? the good news is, if we can do a deal on the budget by compromising and coming together, then we can go after immigration and infrastructure and energy and education. the things that are still on the agenda that are crucial to moving this country forward. you know, as important as the debt bill is, it still isn't going to create jobs in the short term. you've got to...
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how is business in this economy? let's take a look at some of the winners on the nasdaq. ♪ want to try to crack it? yeah, th's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and oth health professionals who helped us achieve the hhest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you,randma! [ male announcer ] humana. ♪ connell: kobe bryant from the
how is business in this economy? let's take a look at some of the winners on the nasdaq. ♪ want to try to crack it? yeah, th's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the...
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Dec 6, 2012
12/12
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s counter cyclical support, and i quote, the housing market would have quit taking the economy with it. providing the backstop for mortgage credit when public services flee from the market has a cost. the losses at f.h.a. to stem from the new now prohibited down payment program, heavy losses in the first mortgage program, and losses -- loans made at the height of the crisis to prevent a collapse of the housing market. while they have already taken action to pretext the financial mortgage fund for single family loans from seeking federal funds, the f.y. 2012 report suggests that much more needs to be done to prevent such a draw. i want to hear more today about the administration's actions and proposals to minimize the risk to taxpayers stemming from their business and what safeguards are in place to ensure the quality and sustainability of the program. if the administration's actions and proposals will not be sufficient to restore f.h.a.'s fiscal health, i'm inclined to work with my colleagues on both sides of the aisle on the banking committee to find a bipartisan way to make shoo -- t
s counter cyclical support, and i quote, the housing market would have quit taking the economy with it. providing the backstop for mortgage credit when public services flee from the market has a cost. the losses at f.h.a. to stem from the new now prohibited down payment program, heavy losses in the first mortgage program, and losses -- loans made at the height of the crisis to prevent a collapse of the housing market. while they have already taken action to pretext the financial mortgage fund...
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Dec 6, 2012
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economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be different for most of us. >> this is the untold tax story. everybody has been concentrating on tax the rich, yes or no. but the payroll tax holiday goes away january 1. neither political party wants to keep it going, therefore the tax -- the social security tax for everybody who works goes up as of january 1. that will take $120 billion out of the economy. it is a tax increase of $120 billion. martha: the bush tax cuts and letting them go versus this increase. how does it all balance out? >> reporter: just consider this. you reported 370,000 people filed for first-time unempl
economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be...
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Dec 6, 2012
12/12
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that that's not a big deal for the economy. everybody recognizes that it is. >> we keep hearing from critics that say, look, we get a frame work, it doesn't solve the long-term problems, it just kicks the can. you're in a position where you'll take some can kicking at this point, right? >> exactly. i mean, look, people like me started talking about this a year ago. i wrote a piece in the "wall street journal" in march about this. we have known about this forever, well, not forever, only since it started, and it's just being frustratingly little action. at this point i don't think they have the time to do a full deal and that's why they need to kick some cans. >> you say reaching a grand bar ga -- bargain is a dream and i mate be just that. there's a growing sense that the president in his words has won this round. do you think this is how it shaping up? >> i think so, i think he's got a much stronger bargaining position. he put out an officer that was way off where he knew republicans would be, prepared to come back on it. but
that that's not a big deal for the economy. everybody recognizes that it is. >> we keep hearing from critics that say, look, we get a frame work, it doesn't solve the long-term problems, it just kicks the can. you're in a position where you'll take some can kicking at this point, right? >> exactly. i mean, look, people like me started talking about this a year ago. i wrote a piece in the "wall street journal" in march about this. we have known about this forever, well, not...
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Dec 6, 2012
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an i buss in the plants and here's an opportunity to give back, you know, something to the american economy. the way you look at things is, you know, the company is going to be spending $100 million in terms of bringing back jobs to the u.s. some may say $100 million, you know, is not a lot of money considering that apple has more than $100 billion in the bank. but i think this is a positive sign in terms of how many workers we're talking about here -- >> how many jobs? >> reporter: we don't know precisely or the skills necessary. it's a great question. probably in the thousands of jobs. remember, this is one existing mac line. this is not the iphone or ipad. one line but probably in the thousands, brooke. >> in the thousands. and so, apple chock eed up the one-day stock drop. do you think the shift, has to be a profitable move for apple hopefully. >> reporter: well, you know, there are two ways of looking at it. you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, yo
an i buss in the plants and here's an opportunity to give back, you know, something to the american economy. the way you look at things is, you know, the company is going to be spending $100 million in terms of bringing back jobs to the u.s. some may say $100 million, you know, is not a lot of money considering that apple has more than $100 billion in the bank. but i think this is a positive sign in terms of how many workers we're talking about here -- >> how many jobs? >> reporter:...
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egypt's economy is stagnant. getting the imf loan of $4.8 billion, $6 billion promised from the eu, and this money from us will matter a lot. at the end of the day, morsi has to deliver. morsi has to provide food and jobs and employment for his people. that's what will create buy in. >> jane, real quick, because we never have enough time, i want to quickly get your take on syria. secretary of state clinton meeting with the russian foreign minister as well as the u.n. envoy to syria. with so much concern about the threat of chemical weapons at this point, do you think there are any diplomatic options left? >> i think the play -- and hillary clinton met twice today with russian foreign minister lavrov -- is to get russia in the tent with the rest of the world. everyone has predicted, when facts on the ground change, russia will be there. this could be a reset moment for vladimir putin, and he could, because of his unique sway in the area, persuade, i would think, the bashar family to step aside and create a peacefu
egypt's economy is stagnant. getting the imf loan of $4.8 billion, $6 billion promised from the eu, and this money from us will matter a lot. at the end of the day, morsi has to deliver. morsi has to provide food and jobs and employment for his people. that's what will create buy in. >> jane, real quick, because we never have enough time, i want to quickly get your take on syria. secretary of state clinton meeting with the russian foreign minister as well as the u.n. envoy to syria. with...